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AI News from ET - World-beating 55,000% surge in Indian AI stock fuels bubble fears

Vishwadeep Khatri
in AI News & Two Lenses

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India's RRP Semiconductor, once the world's best-performing stock with a 55,000% surge, is now a cautionary tale. Despite negative revenue and a tiny employee base, online hype fueled its rise. Regulators are now examining the surge, highlighting risks for retail investors chasing AI proxies.

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